It's all over the news. They laid of about 1700 across the country yesterday. Including 700 from East Fishkill + Poughkeepsie.
http://www.poughkeepsiejournal.com/article/20130613/BUSINESS01/306130033/VIDEOS-After-cuts-IBMers-begin-cope

I hope some of the IBM-ers find a job somewhere else like at Globalfoundries. There is not much going on in the area. IBM was the main job creator at the Hudson Valley area in the 80s and 90s. IBM changed a lot! I wonder how long they keep their semiconductor facilities in Fishkill and Burlington?

I am not sure about particular foundries for IBM but if memory serves IBM business model is based on early access to and use of technology. The IC fabrication capacity and next generation development is central to IBM's plan for success in the marketplace. Has this changed at IBM and if so, what is the new strategy?